NY cotton sharply lower ahead of USDA data
Editor | Jan 11, 2009 | Comments 0
NEW YORK, Jan 10: US cotton futures gave up earlier gains in late on Friday trade, with some players preparing for bearish estimates from the US Department of Agriculture?s monthly supply/demand report next week, brokers said. The key March cotton contract lost 1.10 cent, or about 2.18 per cent, to close at 49.32 cents per lb, but not before setting a fresh peak at…
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